UVSE - 123% and 244% Increases in Gas an Oil in Q2

The company will release its quarterly report on Form 10-Q on August 19, 2008.
The earnings conference call will be August 20, 2008 at 9:00 a.m.

**************************************************

www.finanznachrichten.de/...chten-2008-08/artikel-11526140.asp

14.08.2008 16:26

Universal Energy Corp. Announces 123% and 244% Increases in Gas and Oil Production Quantities in the 2nd Quarter 2008

HOUSTON, Aug. 14 /PRNewswire-FirstCall/ -- Universal Energy Corp. (News) (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today that gas and oil production quantities had more than doubled during the 2nd quarter 2008 increasing by 123 percent and 244 percent, respectively over amounts produced in the first quarter of 2008.

"What a difference a quarter makes," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "The increase in production coupled with the extraordinarily high prices was more than we anticipated. During the second quarter of 2008, Universal Energy Corp.'s share of production was approximately 23.58 million cubic feet of gas and 262 barrels of oil. With production having started in July 2008 for Caviar #1 and Caviar #4, production for fiscal 2008 is shaping up nicely."


The company will release its quarterly report on Form 10-Q on August 19, 2008. The earnings conference call will be August 20, 2008 at 9:00 a.m. Stockholders, brokers, analysts and all interested parties are invited to participate in the Universal Energy Corp. conference call. Callers in the United States and Canada can dial (800) 567-5900 (alternate dial-in number is (702) 835-5025. The conference i.d. for all callers is 801094.

Universal Energy Corp. is a publicly traded (OTCBB: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info/ for more details.

Forward Looking Statements - The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

CONTACT:
Universal Energy Corp.
Billy Raley, CEO, (800) 975-2076
braley@universalenergycorp.info

The company will release its quarterly report on Form 10-Q on August 19, 2008.

www.finanznachrichten.de/...chten-2008-08/artikel-11526140.asp

Universal Energy Corp. Announces 123% and 244% Increases in Gas and Oil Production Quantities in the 2nd Quarter 2008

www.sec.gov/Archives/edgar/data/1207029/.../v124308_def14a.htm

...die dummschwätzer gleich außen vorlassen....

www.pinksheets.com/edgar/GetFilingHtml?FilingID=6113105

http://www.ariva.de/quote/simple.m?secu=100248502

Name   Universal Energy Corp. Registered Shares New DL-,0001

WKN   A0MWQY

Börsenplatz   Frankfurt

Datum   20.08.08

Abfrage   20.08.08 11:01:12

Kursstellung   20.08.08 10:52

Kurs   0,015

Gehandelte Stücke   100.000

Währung   EUR

BINGO

im ihub wurde ja schon vor wochen über uvse heiß diskutiert. Jetzt ist der da, der schicke bericht, bin mal gespannt wo wir heute enden

schönen gap eröffnen in den usa. die stimmung im i-hub board ist nicht die schlechteste.

investorshub.advfn.com/boards/read_msg.aspx?message_id=31581714

Posted by: mrpaper    Date: Wednesday, August 20, 2008 3:12:36 AM  
In reply to: Ben Bien who wrote msg# 15211  Post # of 15212  

it was trading at 40 cents easy before the dip to 12 cents?
I think UVSE will make a similar run to WLSI when it went from .0026 (.0005 a week or two before) to .009 then to .045 or HTOG when it from .002 to .02 in a week or two.

wie hier?  

warten wir mal bis 15.30

ih.advfn.com/...b=1219237511&article=27825496&symbol=NB%5EUVSE

Universal Energy Corp. Announces Results for the Second Quarter of Fiscal Year 2008


HOUSTON, Aug. 20 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC:UVSE) (BULLETIN BOARD: UVSE) , an emerging U.S. oil and gas exploration and production company, reported financial and operational results for its second quarter of the fiscal year ended June 30, 2008.

Financial Summary

The Company reported net income of $2.9 million, or $0.09 per basic share, $0.00 per diluted share, for the second quarter of fiscal 2008 compared to a net loss of $2.03 million, or $(0.07) per basic and diluted share, for the second quarter of fiscal 2007. For the six months ended June 30, 2008, the Company reported net income of $3.55 million, or $0.11 per basic share, $0.01 per diluted share, for the six months ended June 30, 2008 compared to a net loss of $2.7 million, or $(0.10) per basic and diluted share, for the same period in fiscal 2007. Revenue for the second quarter of fiscal 2008 totaled $0.33 million which was derived from producing wells in the Company's Lake Campo and Amberjack prospects.

Dyron Watford, Universal Energy Corp. Chairman and CEO, commented, "Exceeding the high end of our revenue guidance for the quarter by 11% is fantastic. As we continue to increase revenues with production in the 3rd quarter from Caviar #1 and Caviar #4, the financial picture for Universal Energy becomes more solid with each day of production.

Conference Call Information

The earnings conference call to review the second quarter 2008 results will be today at 9:00 a.m. To participate in the conference call, callers in the United States and Canada can dial (800) 567-5900 (alternate dial-in number is (702) 835-5025. The conference i.d. for all callers is 801094.

Universal Energy Corp. is a publicly traded (OTCBB: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info/ for more details.

Forward Looking Statements - The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

UNIVERSAL ENERGY CORP.

AND SUBSIDIARIES Consolidated Statements of Operations (Expressed in U.S. dollars)

Three Months Ended June 30, Six Months Ended June 30, 2008 2007 2008 2007 (unaudited) (unaudited) (unaudited) (unaudited)

Revenue $328,476 $- $415,005 $-

Cost of revenue 154,074 - 167,819 -

Gross profit 174,402 - 247,186 -

Operating expenses General and administrative expenses 736,572 720,822 1,450,718 1,361,740 Investor awareness and public relations 11,310 1,286,427 118,760 1,300,918 Impairment loss on oil and gas properties 32,792 - 59,698 - Total operating expenses 780,674 2,007,249 1,629,176 2,662,658

Loss from continuing operations (606,272) (2,007,249) (1,381,990) (2,662,658)

Other income (expense) Accretion of discounts on convertible debentures (230,117) - (480,879) - Change in fair value of embedded derivatives 15,168,285 - 17,907,174 - Charges relating to repricing the 2007 Debentures (9,404,508) - (9,404,508) - Charges related to the issuance of the May 2008 Debentures and Warrants (753,649) - (753,649) - Excess embedded derivative value (818,919) - (1,711,656) - Loss on conversion of derivatives (88,618) - (88,618) - Interest expense, net (327,865) (23,976) (552,696) (23,976)

Total other income (expense) 3,544,608 (23,976) 4,915,168 (23,976)

Net income (loss) before discontinued operations 2,938,337 (2,031,225) 3,533,178 (2,686,634)

Discontinued operations Income (loss) from operations of discontinued operations - - - (34,186) Loss from discontinued operations - - - (34,186)

Net income (loss) $ 2,938,337 $(2,031,225) $ 3,553,178 $(2,720,820)

Net income per share from continuing operations - basic $0.09 $(0.07) $0.11 $(0.10) - diluted $0.00 $(0.07) $0.01 $(0.10) Net loss per share from discontinued operations - basic $0.00 $0.00 $0.00 $0.00 - diluted $0.00 $0.00 $0.00 $0.00 Total Net income (loss) per share - basic $0.09 $(0.07) $0.11 $(0.10) - diluted $0.00 $(0.07) $0.01 $(0.10)

Weighted average shares used in computation of loss per share - basic 32,519,178 28,954,696 31,202,178 28,011,088 - diluted 681,398,048 28,954,696 680,081,048 28,011,088


UNIVERSAL ENERGY CORP.

AND SUBSIDIARIES Consolidated Balance Sheets (Expressed in U.S. dollars)

June 30, December 31, Assets 2008 2007 (unaudited) Current assets: Cash and cash equivalents $55,253 $234,987 Funds held in escrow 325,550 - Accounts receivable 219,915 963 Prepaid expenses 6,928 64,228

Total current assets 607,646 300,178

Prepaid drilling and completion costs 725,447 414,377 Oil and gas properties, unproven 2,991,591 2,248,771 Debt issuance costs, net of accumulated amortization of $280,021 and $70,926 492,218 578,368 Property and equipment, net of accumulated depreciation of $4,159 and $2,409 9,377 7,731 Security deposit 1,545 1,545

Total assets $4,827,824 $3,550,970

Liabilities and Stockholders' Deficit

Current liabilities: Accounts payable $930,421 $209,536 Accrued expenses 219,489 143,031 Accrued interest 132,355 - Promissory notes - 250,000 Promissory notes to stockholders, net of discounts of $0 and $80,162 924,587 1,019,838 September 2007 Convertible Debentures, net of discounts of $2,267,822 and $4,146,443 2,340,608 963,851 November 2007 Convertible Debentures, net of discounts of $1,035,570 and $1,643,775 626,377 98,872 May 2008 Convertible Debentures, net of discounts of $1,253,656 and $0 2,962 - Embedded derivative liabilities 3,985,456 10,915,752

Total current liabilities 9,162,255 13,600,880

Long term liabilities: Promissory notes to stockholders, net of discounts of $252,341 147,659 -

Total liabilities 9,309,914 13,600,880

Commitments and contingencies

Stockholders' deficit: Common stock, $0.0001 par value, 250,000,000 shares authorized, 71,077,959 and 29,847,733 shares issued and outstanding 7,108 2,985 Additional paid-in capital 7,396,075 5,365,556 Accumulated deficit (11,885,273) (15,418,451)

Total stockholders' deficit (4,482,090) (10,049,910)

Total liabilities and stockholders' deficit $4,827,824 $3,550,970

CONTACT: Universal Energy Corp.

Billy Raley, CEO, (800) 975-2076

DATASOURCE: Universal Energy Corp.


CONTACT: Billy Raley, CEO, Universal Energy Corp., +1-800-975-2076,



Web site: www.universalenergycorp.info/

(auch weil ab 01.07.08 der Gas/Ölpreis so extrem anstieg!)    --ax--

genießt die nächsten Tage

investorshub.advfn.com/boards/read_msg.aspx?message_id=31584003

Posted by: PIERRAT    Date: Wednesday, August 20, 2008 9:06:11 AM  
In reply to: None  Post # of 15230  

wow cc just said double production for 3rd quarter.  omg

0.0195x0.0196 usd

die Ergebnisse des cc müssen erst verarbeitet werden...

ABER DANN !??   --ax--

bid/ask 0.0189x0.02
und htog knallt in den keller....

mittlerweile 0.022x0.024

der Eisberg schwimmt?
was ist der Grund?

aber 0 englisch.. :-(

nach diesen guten Quartalszahlen!

RT:

investorshub.advfn.com/boards/read_msg.aspx?message_id=31602399

Posted by: DD2win    Date: Wednesday, August 20, 2008 4:02:49 PM  
In reply to: Dopamine who wrote msg# 15462  Post # of 15471  

Then take this from today's PR.

Dyron Watford, Universal Energy Corp. Chairman and CEO, commented, "Exceeding the high end of our revenue guidance for the quarter by 11% is fantastic. As we continue to increase revenues with production in the 3rd quarter from Caviar #1 and Caviar #4, the financial picture for Universal Energy becomes more solid with each day of production.

Caviar #1 nor #4 are mentioned in Q2. AT ALL

ih.advfn.com/...b=1219263122&article=27823520&symbol=NB%5EUVSE

Stockwire.com: Universal Energy Group Ltd. (OTCBB: UVSE) just released some important news.

Aug 21, 2008 (M2 PRESSWIRE via COMTEX) -- Universal Energy Group Ltd. (OTCBB: UVSE) just announced Universal Energy Group Increases Penetration in Key Retail Energy Markets Through Acquisition.
A dedicated Chat Room for Universal Energy Group Ltd., has been created at STOCKWIRE.com to discuss this news event.

Visit the following link to begin chatting with your fellow shareholders: www.stockwire.com/chat

--------------------------------------------------

TORONTO, ONTARIO -- Universal Energy Group Ltd. (OTCBB: UVSE) is pleased to announce the acquisition of the residential and commercial customer contracts of Wholesale Energy Group ULC ("WEG") in the British Columbia natural gas market and the Ontario natural gas and electricity markets. The acquisition was completed following receipt of all regulatory and utility approvals.

Through this acquisition Universal Energy Group's retail energy business, Universal Energy Corporation ("UEC"), has acquired approximately 22,000 RCEs on fixed term contracts. The average remaining life on the contract is 48 months. The total purchase price paid for the customer contracts is $2.5 million.

Mark Silver, CEO of UEC remarked "The acquisition of the WEG customer base is consistent with our strategy to deliver growth out of our existing markets. The customer acquisition costs are inline with our organic customer acquisition costs and the transaction will be immediately accretive to our financial results. We remain well positioned to capitalize on future opportunities of this nature."

About:

Universal Energy Group's common shares are listed on the Toronto Stock Exchange under the symbol "UEG". Universal Energy Group through its subsidiary Universal Energy Corporation, sells electricity and natural gas in Ontario and natural gas in British Columbia to residential, small to mid-size commercial and small industrial customers. Universal Energy Group through its subsidiary Universal Gas & Electric Corporation, sells natural gas in Michigan to residential, small to mid-size commercial and small industrial customers. Universal Energy Group through its subsidiary National Energy Corporation, operating under the trade name National Home Services, sells long-term water heater rental programs to Ontario residential customers. Universal Energy Group through its subsidiary Terra Grain Fuels Inc. operates an ethanol facility near Belle Plaine, Saskatchewan. Additional information about Universal Energy Group is available on SEDAR (www.sedar.com).

www.pinksheets.com/pink/quote/quote.jsp?symbol=uvse

ich glaube, da ist (wie vor ein paar Tagen auch) wieder etwas durcheinander geraten.

UVSE - Univ. Energy Corp.  (USA)
UEG  - Univ. Energy Group  (Canada)

...diese Meldung gehört mMn zu UEG (zumal TORONTO & ONTARIO in Canada liegen...)

CEO UVSE: Billy Raley
CEO UEG : Mark Silver

so wird es wohl sein.
schön das du noch posten darfst, bei den ganzen mods und metamods, die hier sehr umtriebig sind bei ariva. hatte auch schon mal 'ne sperre.

www.finanznachrichten.de/...chten-2008-09/artikel-11690111.asp

05.09.2008 15:28
Universal Energy Corp. Announces 7th Consecutive Month of Increased Production
HOUSTON, Sept. 5 /PRNewswire-FirstCall/ -- Universal Energy Corp. (News) (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today that gas and oil production quantities increased for the seventh consecutive month in July 2008. July 2008 production increased 83 percent over the first month of the second quarter 2008 which was also a 52 percent increase over the average monthly production of the second quarter 2008.

"This continued production increase is a great start to our third quarter," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We expect this trend to continue throughout the quarter."

Universal Energy Corp. is a publicly traded (BULLETIN BOARD: UVSE) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info/ for more details.

Forward Looking Statements - The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

 CONTACT:
 Universal Energy Corp.
 Billy Raley, CEO, (800) 975-2076
 braley@universalenergycorp.info

kennt aber trotzdem nur eine richtung seit tagen.
sind aber derzeit gute kaufkurse, denke ich.

RT:

einfach IRRE der Markt zur Zeit...

05.09.2008 15:28
Universal Energy Corp. Announces 7th Consecutive Month of Increased Production
www.finanznachrichten.de/...chten-2008-09/artikel-11690111.asp


RT:

die news sind ja wirklich erstklassig. habe zum glück rechtzeitig die notbremse gezogen und bin mit wenig verlust raus, ehe das desaster seinen lauf nahm die letzten tage. aber das sind jetzt wohl bald erstklassige einstiegskurse. der rebound wird wohl kommen.

das sind klasse einstiegskurse!!!
in den usa das erste mal seit wochen ein super handel! über 60mio gehandelte stück, großes interesse in den usa!! der boden scheint gefunden.

deshalb habe ich heute auch wieder eine posi aufgebaut....

YEP!!!

wahnsinns volumen
rt: 46!!

mit immerhin 50% im plus....;-)))

auch mal wieder die musik heute....+47,1%.....0.026usd

eine 0 zu wenig. SK in Amiland bei 0,0025$ - 0,0026$

Dennoch +47,1% in Amiland.
Was wissen die Jungs, was wir nicht wissen ?

Bin gespannt was heute hier in Deutscheland passiert und dann später wenn die Amis öffnen.

habe ich doch glatt eine null unterschlagen.

hätte aber persönlich auch absolut nichts dagegen, wenn der Kurs da in den nächsten Tagen hinwandert. Besser gestern als heute.....lach

daß usve einfach ein guter laden ist. 47% ist keine verwunderung, schaut mal wo die aktie herkommt. k.a. warum die so abgestürzt ist, story stimmt, zahlen stimmen

Das müssen dann jetzt nur noch die heimischen Jungs und Madels verstehen und glauben.

Gibt es denn eigentlich hier eine seriöse Kurseinschätzung, die nicht gleich zu den Sternen greift ?
Natürlich hätte ich nichts gegen utopische Kurse, aber was ist realistisch ?

Ach was Frage ich hier eigentlich.........wir sind bei der OTC da ist alles denkbar.

du hast deine frage selbst beantwortet - es ist alles möglich. das der kurs ausbricht ist klar, frage ist nur wann - und dann ist es wichtig schon dabei zu sein. ich bin hier fett im minus (ca.80%) nutze die kurse jetzt aber um mein einsandspreis zu senken. in usa wird usve immer noch heiß diskutiert

Bin selbst auch noch mit knappen 40% im minus. Bin aber schon mit dem maximum was ich für penny an der otc investiere, investiert. Werde also nicht mehr nachlegen.......es sei denn der kurs würde noch einmal im ask auf 0,001 gehen......wovon ich aber nicht ausgehe. ich denke man wird alles auf mögliche q3 zahlen setzen und deshalb steigen nun die leutz in amiland wieder ein.

in Amiland schon bei 0,0028$

was hier die letzten tage gehandelt wurde, muss der kurs früher oder später vorankommen.
dilution kann es nicht sein, da A/S und O/S nahezu identisch.
das einzige was droht ist ein R/S. wollen wir es nicht hoffen.

17.09: www.finanznachrichten.de/...chten-2008-09/artikel-11788393.asp
Universal Energy Corp. Announces Reprocessing of 3D Seismic Data at Lone Oak Prospect

01.10: www.beaconequity.com/main/Page-data/...imize-Lone-Oak-Pipeline
Universal Energy Corp. (UVSE): Utilizing Necessary Data to Maximize Lone Oak Pipeline

**************************************************
**************************************************

17.09: Universal Energy Corp. Announces Reprocessing of 3D Seismic Data at Lone Oak Prospect

HOUSTON, Sept. 17 /PRNewswire-FirstCall/ -- Universal Energy Corp. (News) (OTC Bulletin Board: UVSE), a growth oriented U.S. oil and gas exploration and production company, announced today that a world renowned processing and development services provider has been selected to reprocess the proprietary seismic data at the Company's Lone Oak prospect. The processing techniques will take four to six weeks to complete and will provide the necessary data to further develop the Lone Oak prospect.

"We want to utilize all of the information available to us in order to maximize the probability of drilling an excellent well later this year" commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We will use this data along with the Wallis and Odyssey offsetting wells to fully explore Lone Oak's potential opportunities."

Universal Energy Corp. is a publicly traded (BULLETIN BOARD: UVSE) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info/ for more details.

Forward Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

CONTACT: Universal Energy Corp. Billy Raley, CEO, (800) 975-2076 braley@universalenergycorp.info

**************************************************

01.10: Universal Energy Corp. (UVSE): Utilizing Necessary Data to Maximize Lone Oak Pipeline

Wednesday October 01 2008

Universal Energy Corp. recently announced a world renowned processing and development services provider has been selected to reprocess the proprietary seismic data at the company's Lone Oak prospect. The Lone Oak is a 3-D drill ready prospect with enormous potential. Universal Energy has acquired a 12.5% interest before casing point of this prospect with total potential reserves exceeding 136 billion cubic feet equivalent.

Three months ago, Universal Energy announced drilling at its Texas-based prospect is progressing. According to CEO Billy Raley, the company believes that the Lone Oak will be the fifth producing well for Universal Energy and its stockholders in 2008.

Drilling operations began June 5, 2008, to target multiple primary objectives in the Frio-Vicksburg trend. Drilling continued at a measured depth of approximately 4,000 feet. The total depth of the well was planned to be 12,615 feet. Surface casing installation to 2,655 feet has been installed along with blow out preventers.

Commenting on this drilling program, CFO Dyron Watford stated that Lone Oak could provide substantial upside for the previously released revenue guidance of the company's four producing wells.

Advancing the development of the Lone Oak prospect, reprocessing of the proprietary seismic data will provide necessary data to further develop the said program. The processing techniques will be completed in four to six weeks.

According to reports, the ever increasing demand for oil and natural gas has led to the development of many geophysical tools and techniques, hardware and software for detecting and mapping of unseen deposits and structures with the utmost accuracy. Current advances in data acquisitions, multi component, and multi attribute analysis have only increased the data volume by several folds.

A paramount importance for imaging underground geological structures, seismic data processing is being used all over the world to search for petroleum deposits and to probe the deeper portions of the earth. As recoverable deposits of petroleum become harder to find the costs of drilling & extraction increase, the need for more detailed imaging of underground geological structures has therefore become obvious.

Current advances in data acquisitions, multi component and multi attribute analysis have increased the data volume by several folds. Processing methods have also changed for high resolution, leading to an increase in the computational effort, which is beyond the scope of serial architecture machines.

According to Raley, Universal Energy wants to utilize all of the information available to them in order to maximize the probability of drilling an excellent well later this year. He said that the company will use this data along with the Wallis and Odyssey offsetting wells to fully explore Lone Oak's potential opportunities.

As an energy company focused in the acquisition and development of crude oil and natural gas leases in the U.S., Universal Energy pursues oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. The company's prospect areas consist of lands in Louisiana and Texas

About Universal Energy Corp.(UVSE)

Universal Energy Corp. is a publicly traded energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info for more details.

Weiß jemand wie schnell bisher Quartalszahlen aufgearbeitet waren und veröffentlicht wurden ?

nächste Quartalszahlen erst wieder (ohne Verspätung) am 14.11.08 fällig...

danke für die Info.

Na dann kann man nur warten und hoffen das vorab noch was an good News durchsickert.

www.finanznachrichten.de/...chten-2008-10/artikel-12032665.asp

15.10.2008 17:26
Universal Energy Corp. Announces 8th Consecutive Month of Increased Production

HOUSTON, Oct. 15 /PRNewswire-FirstCall/ -- Universal Energy Corp. (News) (BULLETIN BOARD: UVSE), an emerging U.S. oil and gas exploration and production company, announced today that gas and oil production quantities increased for the eighth consecutive month in August 2008. August 2008 production increased 21 percent over July 2008 and it was a 108 percent increase over the average monthly production of the second quarter 2008.

The wells were ordered to be shut in by the Governor of Louisiana on August 29, 2008 in preparation for Hurricane Gustav. Assessment of damages was slowed as the area was evacuated for the storm and the following week another hurricane hit the Gulf Coast area. The wells were not damaged by the storm but the production equipment was damaged on three wells. Repairs are currently being completed and the affected wells are expected to be back online within two weeks. Insurance claims have been filed and confirmed by insurance adjusters.

"Dealing with hurricanes is just part of doing business in the Gulf Coast area," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "With production beginning at Amberjack yesterday, Caviar #1 later this week, and Caviar #4 in the next two weeks, we hope to continue increased production throughout the remainder of the year."

Universal Energy Corp. is a publicly traded (BULLETIN BOARD: UVSE) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info/ for more details.

Forward Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

CONTACT: Universal Energy Corp. Billy Raley, CEO, (800) 975-2076 braley@universalenergycorp.info

was natürlich nichts heißen muss, aber endlich ist der Kurs heute wieder gen Norden in bewegung gekommen und es wurden wieder über 1 Mio. Stück gehandelt.

Das vor der Eröffnung in Amiland ist seit einigen Tagen schon eher untypisch.

wieder einmal mehr SK bei TH und das Grün.

Das sind gute Vorzeichen und wie heißt es so schön:"Mühsam ernährt sich das Eichhörnchen"

Gap-Los gen Norden. Besser gehts kaum, höchstens schneller.

www.pinksheets.com/edgar/GetFilingHtml?FilingID=6252691

www.sec.gov/Archives/edgar/data/1207029/...600/v132968_10q.htm

Comparison of Three Months Ended September 30, 2008 and September 30, 2007.

Revenue. Revenue for the three months ended September 30, 2008 increased $330,226 to $330,226 from $0 for the same period in 2007. The increase was attributable to successful drilling and completion efforts at our Amberjack and Lake Campo prospects that began production in December 2007 and January 2008, respectively. Production at our Caviar #1 and Caviar #4 wells began in July 2008. In August 2008, the Company’s four producing wells in Louisiana (Caviar #1, Caviar #4, Amberjack and Lake Campo) were shut-in due as ordered by the State of Louisiana for storm preparations. Production facilities at all four wells were damaged during the hurricane. Caviar #1, Caviar #4 and Amberjack were returned into production in late October 2008. When Lake Campo was returned to production, excessive water production created disposal well capacity problems and was shut-in after a few days. A workover on Lake Campo will be performed in November 2008 to perforate the Tex W-5 sand to attempt to return the well to production.

Operating Expenses. Operating expenses for the three months ended September 30, 2008 increased $114,555 (or 15%) to $861,008 from $746,453 for the same period in 2007. The increase was primarily attributable to increased amortization of debt issuance costs and penalties associated with our outstanding debentures.

Other Income (expense). Other income (expense) for the period ended September 30, 2008 decreased $432,226 to $(3,261,141) from $(3,693,367) for the same period in 2007. The increase was attributable to change in fair value of embedded derivatives and associated charges with our convertible debentures and warrants.

Net Income (loss). Net income (loss) for the three months ended September 30, 2008 was $(3,920,058) compared to $(4,439,820) for 2007. The decrease in our net loss was due to the reasons described herein above.

**************************************************

Comparison of Nine Months Ended September 30, 2008 and September 30, 2007.

Revenue. Revenue for the nine months ended September 30, 2008 increased $745,231 to $745,231 from $0 for the same period in 2007. The increase was attributable to successful drilling and completion efforts at our Amberjack and Lake Campo prospects that began production in December 2007 and January 2008, respectively. Production at our Caviar #1 and Caviar #4 wells began in July 2008. In August 2008, the Company’s four producing wells in Louisiana (Caviar #1, Caviar #4, Amberjack and Lake Campo) were shut-in due as ordered by the State of Louisiana for storm preparations. Production facilities at all four wells were damaged during the hurricane. Caviar #1, Caviar #4 and Amberjack were returned into production in late October 2008. When Lake Campo was returned to production, excessive water production created disposal well capacity problems and was shut-in after a few days. A workover on Lake Campo will be performed in November 2008 to perforate the Tex W-5 sand to attempt to return the well to production.

Operating Expenses. Operating expenses for the nine months ended September 30, 2008 decreased $919,624 (or 27%) to $2,490,184 from $3,409,808 for the same period in 2007. The decrease was primarily attributable to a decrease in investor awareness expenses.

Other Income (expense). Other income (expense) for the period ended September 30, 2008 increased $5,370,673 to $1,654,027 from $(3,716,646) for the same period in 2007. The increase was attributable to change in fair value of embedded derivatives in our convertible debentures and warrants.

Net Income (loss). Net income (loss) for the nine months ended September 30, 2008 was $(386,880) compared to $(7,160,640) for 2007. The decrease in our net loss was due to the reasons described herein above.

habe noch ein paar Aktien von dem Laden hier gefunden.
Gibts den überhaupt noch oder kann ich die verbrennen.

(mMn: keine/Kaum mehr Hoffnung auf alte Kursstände)                   --ax--

Wir sollten 2009 schlauer sein und das mit Pinky's und OTC's lassen...geht meist.. ca. 90% in die Hose...
Zu viele unterbewertete BigBoardstocks momentan...lohnt sich eher...
Das hier war wieder mal ein klasse beispiel für Ihub Pump&Dump...bessernicht mehr auf WHOOOWHEEEEEEEEWHEEEEEE reinfallen...wie gesagt gehtmeist in die Hose...
Wenn OTC dann Filings lesen und genaue DD vorher machen...

Gruss
_bbb_

Macht das Buch hier zu IMO...verlorene Zeit und Geld. (ist mir auch schon paar mal passiert)

Warum sollte der Kurs ab Jahresmitte 2009 nicht das gleiche machen können wie damals im Zeitraum von 2005 bis Mitte 2007 ??

Wenn ich mich da noch richtig an die damaligen Diskussionen in einschlägigen Foren erinnere, wurde die Aktie genau wie jetzt als tot beschrieben.

... nur zum Nachdenken ...

Ich hab 250K von der Bude in Deutschland gekauft.

Ich rechne schwer damit dass es bald noch 2,5K sind für die dann zum Verkaufen die Ordergebühren höher wären.

Ich lass sie einfach liegen. Wer weiss vielleicht kommt nochmal Bewegung rein.

Entweder wenn ausdilutiert ist oder wenn eine positive News zu Loan Oke veröffentlicht wird. Vielleicht überraschen sie uns ja auch mit positiven Q4 Zahlen.

Höchstwahrscheinlich aber Split oder Insolvenz